Women's apparel retailer bebe stores inc on Tuesday announced its president and COO, John Parros, has resigned with immediate effect in order to "pursue other opportunities".

In a short statement, the California-based operator of 164 stores said it had not yet found a successor. "We wish John good luck in all future endeavours," said Manny Mashouf, chairman and CEO.

Bebe designs, develops and produces a line of women's apparel and accessories which it markets under the bebe, bbsp and bebe moda brand names.